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Current Attempt in Progress Blossom Corporation has two products in its ending Inventory, each accounted for at the lower of cost or market. Aprofit margin

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Current Attempt in Progress Blossom Corporation has two products in its ending Inventory, each accounted for at the lower of cost or market. Aprofit margin of 30% on selling price is considered normal for each product Specific data with respect to each product follows: Product 1 Product #2 $27 $53 14 29 Historical cost Replacement cost Estimated cost to dispose Estimated selling price 24 26 54 83 In pricing its ending inventory using the lower-of-cost-or-market, what unit values, rounded to the nearest dollar, should Blossom use for products #1 and #2, respectively? O $29 and $30. $14 and $29. O $14 and $32 O $29 and $32. W RA MacBook Pro

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